€ 415 000

€ 5 061 / sqm

+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

The purchase is made by an individual, not a legal entity.
The buyer is not going to rent out the acquired property.
This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.

A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

2 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 5903

Bedrooms

Bathrooms

82 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

2-bedroom apartment situated in Germasogeia area. The 3-storey building comprises luxurious 1, 2, and 3-bedroom apartments. Nestled in one of Limassol’s most prestigious areas, this development enjoys close proximity to a wide range of amenities and the beach. The building has 7 high-quality apartments, each carefully crafted to offer the utmost comfort and elegance. Security and privacy are of paramount importance, as the building is gated, ensuring a serene living environment.
Each apartment will have photovoltaic panels, solar panels, and underfloor central heating., one parking space and storage room.
Delivery: April 2025